BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -What Is Predictive Analytics? The term predictive analytics refers to the use of statistics and modeling techniques to make predictions about future outcomes and performance.

Detailed explanation-2: -Predictive modeling is a commonly used statistical technique to predict future behavior. Predictive modeling solutions are a form of data-mining technology that works by analyzing historical and current data and generating a model to help predict future outcomes.

Detailed explanation-3: -Predictive analytics is a branch of advanced analytics that makes predictions about future outcomes using historical data combined with statistical modeling, data mining techniques and machine learning. Companies employ predictive analytics to find patterns in this data to identify risks and opportunities.

Detailed explanation-4: -In short, predictive modeling is a statistical technique using machine learning and data mining to predict and forecast likely future outcomes with the aid of historical and existing data.